22 U.S.C. § 290l–5 — Jurisdiction and venue of civil actions by or against Bank

submitted 36 years ago by Pub. L. 101-513 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 79 words · no verdicts yet

in plain englishAI-generated · not legal advice

Federal district courts alone can hear lawsuits by or against the Bank. For venue purposes, the Bank counts as living where its main U.S. office or service agent is.

(a) Jurisdiction: U.S. district courts are the only courts, and the first courts, that can hear a civil lawsuit brought in the United States by or against the Bank. (b) Venue: For deciding where a lawsuit can be filed under section 1391(b) of title 28, the Bank is treated as living in whichever judicial district holds its main U.S. office, or the office of the agent it appointed to receive legal papers.

the actual law source: uscode.house.gov ↗public domain

(a) Jurisdiction

The United States district courts shall have original and exclusive jurisdiction of any civil action brought in the United States by or against the Bank.

(b) Venue

For purposes of section 1391(b) of title 28, the Bank shall be deemed to be a resident of the judicial district in which the principal office of the Bank in the United States, or its agent appointed for the purpose of accepting service or notice of service, is located.

Source credit: (Pub. L. 101–513, title V, § 562(c)(7), Nov. 5, 1990, 104 Stat. 2035.)

history & why it existsrecord from the source credit

1990Enacted · Pub. L. 101-513 · 104 Stat. 2035

A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-513 on 1990-11-05.

all 0 arguments · sorted by: best

no arguments yet — make the first case